Switzerland Restricts Cryptocurrencies 💥
The Swiss National Bank announced its refusal to use Bitcoin in its reserves, describing it as excessive risk, security vulnerabilities, and legal loopholes 🇨🇭
This comes after President Trump signed a surprise order to create a U.S. strategic reserve of Bitcoin 🇺🇸 - converting seized cryptocurrencies into a national stockpile.
While America intensifies its efforts, even using government funds backed by Bitcoin, Switzerland insists on its traditions.
The Vice President of the Swiss National Bank says that cryptocurrencies cannot maintain their value or withstand software flaws.
But with the pace of action from Congress and U.S. states accelerating...
Is Switzerland on the verge of falling behind in the digital race?
